Noel Tata to Quit Six Tata Group Boards Amid Reappointment Dispute
Noel Tata said he will step down from six Tata Group operating-company boards on 12 November, retaining his nominee director seat on the Tata Sons board, according to a Moneycontrol. com report on 28 October. The announcement follows a series of challenges by the Tata Trusts chairman to the September 17 board resolution that extended N Chandrasekaran’s term as Tata Sons chairman. Noel Tata argued the resolution was not on the agenda and requested an unedited video of the meeting, as reported by Moneycontrol.
com on 26 October. In a letter to Tata Sons, he also sought details on alleged TVS Motor transactions linked to Chandrasekaran’s family, a claim cited by NDTV Profit. On 27 October, Congress leader Rahul Gandhi warned that the Tata Group faces a serious crisis and criticised the government for not intervening, according to Moneycontrol. com.